Purchased Property


11/1 Rosebery Place, Balmain

Investor Clients Secure Renovated Apartment in Balmain’s Somerset Mews

Summary
We recently helped time-poor investor clients secure a turnkey 2-bedroom, 2-bathroom apartment with parking in the sought-after Somerset Mews complex in Balmain.

With a tenant already in place and recent renovations completed, the property offered immediate income and long-term capital growth — especially given its proximity to the upcoming White Bay Metro, due in 2032.

The Brief
Our clients were seeking a smart, low-maintenance addition to their investment portfolio with strong future upside and minimal hands-on involvement.

Key priorities included:
– Two-bedroom property with two bathrooms and parking
– Strong tenant appeal with immediate income, near new infrastructure
– Limited personal involvement due to busy professional schedules

Our Approach
We began the search by assessing several suburbs across the Hills & Balmain Peninsula, before narrowing in on Balmain due to its rental demand, scarcity of supply, and upcoming transport improvements.

Over the search process, we presented a range of qualified options — including on-market, pre-market and off-market listings — helping the clients make informed comparisons with full transparency.

The Result
– Property secured off-market at fair market value
– Tenant in place with no vacancy or leasing delay
– Renovated asset in blue-chip location with future uplift potential
– Efficient and well-guided experience from start to finish

https://www.granthambuyersagents.com.au/investor/
https://www.granthambuyersagents.com.au/should-you-buy-near-the-new-sydney-metro/
https://www.granthambuyersagents.com.au/property/84-3-hyam-street/

Frequently Asked Questions

Why was this Balmain apartment ideal for these investors?

It offered everything: income from day one, low upkeep, and proximity to infrastructure upgrades — all in a boutique building with long-term value

Do you help investors compare multiple suburbs?

Yes. We often start wide before narrowing in based on fundamentals, rental performance, and long-term growth. In this case, Balmain proved the right fit.

What’s the benefit of having a tenant already in place?

It eliminates vacancy risk and ensures rental income begins immediately after settlement — perfect for investors focused on return and cash flow.

How do you source off-market investment properties?

Through long-standing relationships with local agents, we gain access to properties before they hit the open market — which often leads to better terms and less competition.

Agents

Dan Grantham